Manufacturing sector shows sign of recovery game bet88 May

The S&P Global Vietnam Manufacturing Purchasing Managers' Index (PMI) posted below the 50.0 no-change mark for the second consecutive month game bet88 May, but rose to 49.8 from 45.6 game bet88 April to signal a near-stabilization of business condition game bet88 the sector, according to the latest report released by the S&P Global on June 2.

As was the case game bet88 April, new orders decreased during May, with survey respondents linking the latest fall to tariffs and subdued market demand. The impact on demand was most keenly felt game bet88 export markets, with new business from abroad declining at a much faster pace than total new orders. The fall game bet88 new export orders was broadly similar to that seen game bet88 April, while the reduction game bet88 total new business was softer than game bet88 the previous month.

While new orders continued to fall, output returned to growth game bet88 May following a decline game bet88 April. Greater stability around tariff policies reportedly helped to support the renewed rise game bet88 production, while capacity improvements were also mentioned.

game bet88 a similar vein to the trend game bet88 production, business confidence improved game bet88 May amid more stable tariff policies.